390 participants attended the webinar on sustainability reporting hosted by Amanda Simonsen

The topic was: Unleash the value of VSME (Efrag Standard for ESG Reporting)

SMEs come in many sizes, this is exactly why effective ESG reporting is important

SMEs recognise that ESG creates value, but many find it unaffordable. ESG compliance can be costly—particularly when reporting is not done efficiently.

This Friday, 1 November 2024, our webinar delved into the specifics of SME reporting and provided valuable guidance to help SMEs prepare their ESG reports.

In today's fast-changing business environment, environmental, social, and governance (ESG) reporting has become essential, not optional. For small and medium-sized enterprises (SMEs), the forthcoming European Financial Reporting Advisory Group (EFRAG) standards will dictate how sustainability data is published. The Voluntary Standard for SMEs (VSME) is designed to make ESG reporting more accessible and practical for SMEs, enabling them to meet regulatory expectations and attract key stakeholders.

The webinar was crafted to help SMEs understand the VSME standard and its impact on your business. Whether you are just starting with ESG or looking to enhance your current reporting practices, this session covered:

• An introduction to the VSME standard and its connection to larger frameworks such as the Corporate Sustainability Reporting Directive (CSRD) and the Sustainable Finance Disclosure Regulation (SFDR).

• Best practices for aligning your business operations with ESG requirements.

• Practical insights into the benefits of ESG reporting for SMEs, including increased investor interest and improved customer trust.

Key takeaways:

A. Demystify ESG reporting and VSME standards.

B. Preparing for future legal requirements.

C. Examples from SMEs already benefiting from sustainable reporting.

For more information, contact: Amanda.simonsen@cphchangery.dk